USDJPY W (will continue...)

USDJPY

Overall, it was in an uptrend after testing 138.47 again

The main reason for the continued decline of the JPY is that the interest rate in Japan - 0.10%, which is the main reason people do not turn to banks, and the value of the depreciation

In contrast, Japanese people are currently only buying long-term bonds because their interest rates are fixed

That will continue to boost the USDJPY because the JPY has no other option than bonds in the country

So technically it is trying to trigger a bullish trend from 144.770 to 148.73 and 150.075

Tendency uptrend
Timeframe Weekly